Kreston GCG works with information that can change your company.
Looking for something special? Let us discuss the details.

Loading energy of an electric car  in Prague Czech republic

On this issue, experts can be divided into two groups: optimists and pessimists.

The first ones are confident that the era of electric cars will begin in ten years and the oil prices will fall down to $10 per barrel.

The second group thinks that electric cars cannot affect the oil market for the next 50 years. Where is the truth? Most likely, it is where it often lies – in the middle.

Not all forecasts are created equal

The Volkswagen Group is planning to increase the share of electric vehicles sold up to 25% by 2025, while Renault-Nissan-Mitsubishi – up to 30% by 2022. These plans were announced by the Japanese Toyota as well.

If these three giants arrive at their aims, then the market will be literally flooded with electric cars in 10 years. Which are also going to be price-wise according to the last year study by Bloomberg New Energy Finance (BNEF).

The authors connect the trend for cheaper cars with the decrease in...


The subventions distribution system has provoked a mixed reaction among the farmers themselves. People were particularly outraged by the fact that Myronivskyi Khliboprodukt gets most money being the most successful agribusiness in Ukraine.

Many people think that the owner Yurii Kosiuk gets a "gratitude" for his services this way because he was the Vice Chairman in the Presidential Administration not so long ago.

This reason is quite convincing given the Ukrainian realities. But it's hardly the only one.

Subventions for farmers: distribution logic

This year, the Ukrainian budget provides for ₴4,774.3 bn. to be allocated for supporting the agro-industrial complex.

₴1.91 bn. of subventions were paid to farmers in the first semester, from which ₴809 mn. (the largest share) were allocated to Myronivskyi Khliboprodukt that works in two agrarian segments – horticulture and poultry husbandry.

That said, its net profit amounted...


Annual Reports constitute an integral part of public companies.

They make them clear and transparent both for the investment community and for other market participants – buyers, suppliers, company officers.

Regulators from different countries are trying to form the reporting and disclosure requirements generally based on the practices of financially advanced participants, mainly such as the US Securities and Exchange Commission (SEC) and the British Financial Reporting Council (FRC).
We can observe a peculiar evolution in FRC as far as the requirements and guidelines for Annual Reports are concerned. The Council understands that corporate reports can be a powerful tool to attract funding and ensure that the initial investment assessment is conducted properly. Currently, a great emphasis is put on monitoring the company operation once the investment is finished and liabilities are fulfilled.

The Financial Reporting Lab (FRB) is designed to enhance rel...

Go up